HKG:0956 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,843	3,056	3,420	7,326	7,648
Trading Asset Securities	-	-	380	520	-
Accounts Receivable	6,848	7,516	6,453	5,773	7,152
Other Receivables	243.13	257.73	290.84	207.11	135.6
Inventory	2,008	2,163	967.72	104.53	214.19
Other Current Assets	1,662	1,429	1,443	1,155	855.35
Total Current Assets	15,604	14,422	12,955	15,085	16,006
Property, Plant & Equipment	66,251	59,331	56,795	53,776	48,112
Goodwill	271.39	166.03	166.03	96.92	55.45
Other Intangible Assets	3,932	3,562	3,034	2,121	2,151
Long-Term Investments	3,912	3,901	3,812	3,612	3,277
Long-Term Deferred Tax Assets	505.18	275.15	205.93	194.69	186.88
Long-Term Deferred Charges	162.46	173.94	86.16	70.35	64.38
Long-Term Accounts Receivable	-	-	1.74	1.66	41.13
Other Long-Term Assets	2,853	2,185	1,961	2,454	2,184
Total Assets	93,491	84,016	79,017	77,413	72,077
Accounts Payable	879.33	540.66	487.23	416.47	472.77
Accrued Expenses	68.73	4,063	4,743	5,737	108.87
Short-Term Debt	5,378	4,440	2,411	3,709	2,682
Current Portion of Long-Term Debt	8,005	8,524	5,353	4,101	4,021
Current Unearned Revenue	1,564	1,564	1,878	1,540	1,654
Current Portion of Leases	40.69	75.89	129.69	136.5	114
Current Income Taxes Payable	369.96	145.87	276.5	132.94	115.99
Other Current Liabilities	9,363	3,245	3,415	3,436	7,893
Total Current Liabilities	25,670	22,599	18,693	19,209	17,062
Long-Term Debt	35,549	33,521	32,533	31,929	29,706
Long-Term Leases	448.26	527.73	747.74	813.76	1,135
Long-Term Unearned Revenue	174.19	140.06	137.97	118.41	106.25
Long-Term Deferred Tax Liabilities	91.94	67.66	71.49	66.23	56.19
Other Long-Term Liabilities	54.93	48.56	92.11	94.45	88.54
Total Liabilities	61,989	56,904	52,276	52,231	48,153
Common Stock	4,513	4,206	4,187	4,187	4,187
Additional Paid-In Capital	-	-	-	6,581	6,590
Retained Earnings	11,691	10,762	9,989	8,643	7,105
Treasury Stock	-72.32	-73.63	-	-	-
Comprehensive Income & Other	9,386	6,799	7,701	1,050	1,952
Total Common Equity	25,518	21,693	21,877	20,461	19,835
Minority Interest	5,984	5,419	4,864	4,720	4,089
Shareholders' Equity	31,503	27,113	26,741	25,181	23,924
Total Liabilities & Equity	93,491	84,016	79,017	77,413	72,077
Total Debt	49,422	47,088	41,174	40,689	37,658
Net Cash (Debt)	-44,578	-44,032	-37,374	-32,843	-30,009
Net Cash Per Share	-10.58	-10.52	-8.93	-7.84	-7.79
Filing Date Shares Outstanding	4,513	4,206	4,187	4,187	4,187
Total Common Shares Outstanding	4,513	4,206	4,187	4,187	4,187
Working Capital	-10,066	-8,177	-5,738	-4,124	-1,056
Book Value Per Share	5.32	5.16	4.98	4.64	4.27
Tangible Book Value	21,314	17,965	18,676	18,243	17,628
Tangible Book Value Per Share	4.39	4.27	4.21	4.11	3.75
Buildings	-	3,617	4,053	2,479	2,251
Machinery	-	61,898	57,704	41,115	38,947
Construction In Progress	-	8,405	6,510	19,163	13,724

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.